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Thursday, March 4th, 2021
| Time |
Event |
| 7:50a |
Xiaomi Announces Redmi Note 10 Series: Pro Hands-On at $279 Today Xiaomi is updating one of its most popular and successful phone models with a slew of new Redmi Note 10 variants. Alongside the Note 10, Note 10S and the Note 10 5G, we’ve had the Redmi Note 10 Pro for a few days to get our first impressions of the low-cost device. | | 10:55a |
GlobalFoundries to Invest $1.4B in Expansion, Potential Earlier IPO 
GlobalFoundries this week reiterated plans to invest $1.4 billion this year in expansion of its manufacturing capacities across the world. Around one third of the sum will be co-invested by GlobalFoundries' customers who want to ensure that they have capacity allocation for years to come. The world's fourth largest foundry is also mulling to bring forward its IPO to late 2021 ahead of its original 2022 date.
In any typical year, GlobalFoundries spends about $700 million on expansion of its production capacities, however growing demand for chips has made clear the need for faster than normal groth - as a result the company is to invest $1.4 billion on expansion this year. The money will be divided equally between GlobalFoundries' sites in Dresden, Malta (New York) and Singapore, according to Reuters. Production capacity is expected to increase by 13% this year and by 20% next year as a result of the increased funding.
Last year GlobalFoundries said that it planned to significantly increase capacity it its Fab 1 located near Dresden. The company's German facility produces chips using 22FDX, 28SLP, 40/45/55NV as well as BCDLite technologies that are particularly important for automotive, mobile, IoT, and industrial applications. Capacity of Fab 1 in 2021 is expected to be in the range between 400,000 and 500,000 wafer starts per year. Increasing that number means that GlobalFoundries will be able to better address high-growth applications.
GlobalFoundries expects to raise around a third of $1.4 billion from its customers that will pre-pay to guarantee supply over the following years, the CEO of the company told Reuters. He did not name the clients.
In addition to boosting its existing production facilities, GlobalFoundries is also looking forward building another fab adjacent to its Fab 8 located in Malta, New York. Funding of the new facility will largely depend on subsidies and incentives provided by the U.S. Government and the state of New York as parts of the CHIPS for America act introduced last year. It should also be noted that Fab 8 in Malta recently recieved ITAR certification for DoD production on its 45 nm process, expanding GlobalFoundries' value as a home-grown chip manufacturer to the US government.
Back in 2020 GlobalFoundries earned approximately $5.7 billion in revenue, down from $6.176 billion in 2017. The company projects that in 2021 its revenue will grow by 9% to 10% year-over-year as a result of unprecedented demand.
Since demand for chips is growing and governments have investments almost ready to go, it would seems to be a good time for GlobalFoundries' initial public offering. Previously GlobalFoundries planned to go public in late 2022 or early 2023, but the company appears to be thinking about bringing it forward into the late 2021 timeframe. Currently GlobalFoundries is wholly owned by Mubadala, an Emerati state-owned holding company.
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| | 11:00a |
Qualcomm Announces "Snapdragon Sound" Initiative 
Today Qualcomm is announcing the new “Snapdragon Sound” branding initiative, essentially an umbrella term that covers the company’s various audio related hardware and software products, promising improved end-to-end interoperability for a better audio experience.
| | 5:30p |
Axiomtek Unveils IMB700 Motherboard, LGA4189 For Intel Ice Lake-SP 
Everyone wants to know what's in Intel's new Ice Lake Xeon server platform, right? Well the first promited board has been disclosed: Axiomtek (who?) has unveiled its latest motherboard compatible with Intel's Xeon Scalable Ice Lake processors based on the LGA4189 socket. The Axiomtek IMB700 is an ATX-sized solution with six memory slots capable of supporting up to 384 GB in hex-channel, with two Gigabit Ethernet ports six SATA-600 storage slots.
During the virtual Hot Chips 2020 industry event show, during our live blog of Intel's segment, Intel unveiled some details about its upcoming Ice Lake Xeon Scalable processors. Based on Intel's 10nm+ manufacturing process, we confirmed that Intel had started production on its Ice Lake-SP chips at the beginning of the year. With not much furor surrounding expected motherboard models at the moment, Axiomtek has unveiled its IMB700 with a single LGA4189 socket based on Intel's C621A chipset. Note that this is the same family of chipsets as current Skylake and Cascade Lake Xeons.

The Axiomtek IMB700 features an ATX PCB with a very simplistic green PCB which is common on professional and industrial-grade motherboards. Some of its key features include a single LGA4189 transposed socket, with six memory slots that can accommodate both LRDIMM and RDIMM DDR4-3200 memory, with a total capacity of up to 384 GB. For storage, the IMB700 features a single PCIe 3.0 x4 M.2 2280 slot and six SATA-600 ports, including support for RAID 0, 1, 5, and 10 arrays.
Located in the center of the board are three full-length PCIe slots, with the top two operating at PCIe 4.0 x16, with the other operating at either PCIe 3.0 x16 or x8. There's also three half-length PCIe 3.0 x8 slots, although one of the half-length slots shares bandwidth with the blue-colored full-length slot.
On the rear panel is a basic array of input and outputs, including four USB 3.1 G1 Type-A ports, one D-Sub video output, a PS/2 keyboard, and mouse combo port, as well as an RS-232/422/485 port, and dual Intel i210-AT Gigabit Ethernet. In regards to audio, Axiomtek offers its AX93242 HD audio converter board as an additional extra.
At present, Axiomtek hasn't unveiled any pricing information, but the official product page does state the IMB700 is coming soon. We're waiting for Intel to fully disclose its Ice Lake Xeon platform.
Source: Axiomtek
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